Recently, Bank of America Securities analyst Vivek Arya published a research note on the artificial intelligence space, stating that his top picks in the space are NVIDIA and Broadcom, given that accelerated/artificial intelligence server adoption is a generational shift, and that NVIDIA and Broadcom are leaders in it. Currently, the analyst has a "buy" rating on NV...

Nvidia has clearly emerged as a leading AI stock, and while some of the stock’s recent rise can be tied to hype, most of this company’s performance is fundamentals-based. Indeed, despite surging roughly more than three-fold over the past 18 months, this is a stock that still looks reasonably-valued based on its forward-looking prospects.
The data center and professional visualization segments saw remarkable sales growth of over 400% and 100% year-over-year. Addi...

During an Nvidia event last week, Jensen Huang introduced Blackwell, Nvidia’s revolutionary GPU architecture, poised to redefine computing. Named after David Blackwell, this ambitious project marks a significant milestone in Silicon Valley’s history.
Nvidia exceeded Q4 earnings estimates, soaring revenue by 265% to $22.1 billion. The company anticipates 2024 sales of around $24 billion and an implied bottom line of $5.41 per share. Analyst Timothy Arcuri raised Nvi...

The largest publicly traded corporation has made big investments in artificial intelligence and has been gaining market share with Copilot. Microsoft has been applying AI at scale to strengthen its product offerings and attract new customers.
The tech giant has expanded its profit margins despite making big investments in artificial intelligence. Microsoft’s net profit margin exceeded 25% in the second quarter...

NVIDIA Co.’s share price traded down 2.7% during mid-day trading on Wednesday following insider selling activity. The company traded as low as $891.23 and last traded at $900.96. 25,450,278 shares were traded during trading, a decline of 52% from the average session volume of 53,568,504 shares. The stock had previously closed at $925.61.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this l...

Chinese authorities have issued new regulations for procuring foreign processors and operating systems, and analysts warned that Intel and AMD could suffer revenue losses amounting to billions of dollars if their processors are completely banned.
According to a recent report by the Financial Times (FT), China's Ministry of Industry and Information Technology (MIIT) quietly released new PC and server procurement regulat...

Nvidia delivered yet another beat-and-raise quarter in February. Earnings per share of $5.16 on sales of $22.1 billion beat fourth-quarter views of $4.59 and $20.4 billion, respectively.
Earlier, the company said the limited supply of AI chips was the biggest challenge to growth. Customers may also wait for the next-generation B100 chip that is expected in the coming quarters. Baird analysts recently said this was a good thing. B100 chips will have b...